[[wysiwyg_imageupload:2232:]]By Levente Mady
The bond market retained its solid bid again last week. Another Fed meeting and another Treasury debt auction cycle could do not a thing to dent the spirits of Treasury Bond buyers. While the QEII program continues to sop up some of the supply and - contrary to popular belief - the foreign Central Banks continue to buy bonds, at the end of the day there were more than enough additional buyers to keep the prices moving higher. Excess liquidity still seems to be abundant as stocks, bonds, precious metals, foreign currencies, etc. all continue to march higher.